Four years since Bancassurance was first introduced in Uganda, experts say the concept is gaining ground and soon every bank customer will also have a life insurance cover attached to their account. Bancassurance is the selling and distribution of insurance products through banks. Commercial Banks are adopting it because selling
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Riek Machar took the oath of office in front of President Salva Kiir (l) and Chief Justice Chan Reech Madut Former South Sudanese rebel leader Riek Machar has been sworn in as first vice-president, sealing a peace deal aimed at ending six years of civil war. President Salva Kiir witnessed
Read MorePrudential Insurance has taken a step to equip Ugandans with vital knowledge on how to deal with Non-Communicable Diseases (NCDs). A non-communicable disease (NCD) is a disease that is not transmissible directly from one person to another. NCDs include Parkinson's disease, autoimmune diseases, strokes, most heart diseases, most cancers, diabetes,
Read MoreOver 1000 I.T students from Universities all over Uganda have registered to take part in the global Huawei ICT competition registration that happened in October. Through presentations by Huawei made to students in Makerere, Kyambogo, Mbarara University of Science and Technology, Nkozi, Mbarara, Kabale, Lira, Gulu, Muni, UCU and MUBS
Read MoreAfter unveiling a new Uganda Inspire Initiative, an umbrella corporate social responsibility (CSR) program, Sanlam Life Insurance has launched an education scholarship initiative dubbed “Better life campaign” aimed at top performers of Primary Leaving Examination (PLE) who will have an opportunity to receive scholarship to continue their studies in Ordinary
Read MoreThe National Water and Sewerage Corporation (NWSC) has revealed plans of setting up own Insurance and Investment Company, with the purpose of saving and borrowing the money from the company at a time of need to facilitate expansion of their services. Dr. Eng. Silver Mugisha, the Managing Director at NWSC
Read MoreOrient Bank has partnered with Prudential and International Air Ambulance (IAA) to officially launch a combined Medical and Life Insurance cover dubbed MedLife. This is a totally new product compared to what is already on the market which separates Medical and Life Insurance into two products. Speaking at the launch
Read MoreSanlam Offers 8% Bonus To Life Policy Holders After Recording Impressive Growth
After recording an impressive growth of 42% in business and 58% in assets in 2018, Sanlam Life insurance has offered a bonus of 8% to its policy holders. The Sanlam Life Chief Executive Officer, John Lintari attributed the growth to increased awareness in the market for life insurance and the
Read MoreUganda's Chief Justice, Bart Katureebe has apologized for the delayed judgment of the consolidated age limit appeals. Katureebe issued the apology this morning ahead of the Supreme Court Judgment the appeals, which are challenging the scrapping of the constitutional presidential age limit. In his opening remarks, Justice Katureebe attributed the
Read MoreIn a bid to respond to the national need of safe blood, Goldstar Insurance has partnered with Nakasero Blood Bank to rally Ugandans donate blood. The blood donation drive is slated for 29th March 2019 at City Square starting from morning up to evening hours at raising Uganda’s blood units.
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